How big is the Identity Theft Protection Market | Growth, Value & Drivers 2025

Q: What is the market size of the identity theft protection market?

It was valued at USD 2.5 Billion in 2024 and is projected to reach USD 3.63 Billion by 2031.

Q: What is the CAGR of the identity theft protection market?

The identity theft protection market is expected to grow at a CAGR of 5.60% during 2025–2031.

Q: What factors are driving the identity theft protection market?

Increasing online fraud, data breaches, and consumer demand for identity monitoring solutions.

Q: Which services are most in demand?

Credit monitoring, identity restoration, dark web surveillance, and real-time alerts.

Q: Which regions lead the identity theft protection market?

North America dominates, followed by Europe, due to higher digital activity and consumer awareness.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA6907

Publication Date: Jul 2025

How big is the Identity Theft Protection Market?

According to 6Wresearch internal database and industry insights, the Global Identity Theft Protection Market was valued at USD 2.5 Billion in 2024 and is expected to reach USD 3.63 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

This growth is driven by rising cybercrime, increased digital activity, and growing awareness among consumers and businesses about identity protection services.

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Key Growth Drivers of the Identity Theft Protection Market

Surging incidents of data breaches and identity fraud worldwide
Growing internet penetration and digital financial transactions
Increased demand from individuals and small businesses for protection
Regulatory push for data privacy and consumer information security
Rising awareness through marketing and data protection campaigns

Identity Theft Protection Market Trends

The identity theft protection market is experiencing significant demand due to rising online fraud cases. Real-time identity monitoring, credit score tracking, and dark web scanning have become standard offerings. Consumers are increasingly opting for bundled services with device security, VPNs, and insurance coverage. Additionally, subscription-based models are gaining popularity, particularly in North America and Europe. Integration with mobile apps and biometric authentication features are also trending across platforms.

Emerging Developments in the Identity Theft Protection Market

The identity theft protection market trends are experiencing emerging technologies such as threat alert as well as predictive analytics based on AI. Businesses are creating proactive monitoring environments in the social media, public databases, and the dark web. Other services that are being combined with cyber insurance include identity theft services. Telecom companies are also partnering with cybersecurity companies to reach greater expanses. Better identity resolution application and shopper-centered dashboards are increasing user involvement and reply time in the occasion of threats.